This year s revised federal tax code plus new Covid-19 initiatives provide additional incentives for startup companies, as well as small and medium-sized businesses. If you received a Paycheck Protection Program (PPP) loan, you may qualify to have that indebtedness forgiven; and other tax incentives this year provide new deductions to lower your tax bill.
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//]]>// >By Jack M. Germain
Apr 15, 2021 4:00 AM PT
The ominous looming deadline for filing 2020 federal income tax returns has been extended from April 15 to Monday, May 17, 2021.
If your paperwork is still in the pulling it all together phase, our conversation with a tax expert might provide you with a few tips to save money, especially if you are an entrepreneur working in research and development.
This year s revised federal tax code plus new Covid-19 initiatives provide additional incentives for startup companies, as well as small and medium-sized businesses. If you received a Paycheck Protection Program (PPP) loan, you may qualify to have that indebtedness forgiven; and other tax incentives this year provide new deductions to lower your tax bill.